Discover and read the best of Twitter Threads about #ceecs
Most recents (1)
The 17+1 flop THREAD
1/6
Yesterday’s #China-#CEEC summit was an embarrassment for #Beijing and, to a large extent, a waste of time for Europeans. Nearly a decade after this format was put in place with a lot of fanfare, it’s worth looking back and reflecting what went wrong.
1/6
Yesterday’s #China-#CEEC summit was an embarrassment for #Beijing and, to a large extent, a waste of time for Europeans. Nearly a decade after this format was put in place with a lot of fanfare, it’s worth looking back and reflecting what went wrong.
2/6
There are five flawed assumptions the 16+1 format (17+1 since 2019) was based on.
1. #CEECs’ expectations that #China would be THE source of #FDI capital and a market for their #exports.
The reality:
- 🇨🇳 loans for 🇨🇳 contractors vs limited FDI;
- Growing #trade deficits.
There are five flawed assumptions the 16+1 format (17+1 since 2019) was based on.
1. #CEECs’ expectations that #China would be THE source of #FDI capital and a market for their #exports.
The reality:
- 🇨🇳 loans for 🇨🇳 contractors vs limited FDI;
- Growing #trade deficits.
3/6
2. Conspicuous discrepancy between the - supposedly - regional nature of the format and #China's preference for bilateral relations. The #WesternBalkans were “more equal” than others, which led to disenchantment and frustration in #EU member states in #CentralEasternEurope.
2. Conspicuous discrepancy between the - supposedly - regional nature of the format and #China's preference for bilateral relations. The #WesternBalkans were “more equal” than others, which led to disenchantment and frustration in #EU member states in #CentralEasternEurope.
